đ Market Update: $BTC / USDT Plan and Awaiting News
For Bitcoin, the structure is forming quite clearly, but locally the asset has approached a crucial boundary.
After testing the upper resistance level around $87,200, it is completely logical to anticipate a local market cool-down. The priority scenario is a corrective pullback into the ~$84,800 â $85,000 support zone to sweep liquidity and retest the previous accumulation, after which we anticipate a strong impulsive move upward to new highs.
đ Key Chart Targets:
Current resistance zone: $87,200 â $87,300
Target zone for correction / reaction: $84,800 â $85,000
Potential for further impulse: $89,000+ after defending the support
Position Recommendations:
We have upcoming news releases, so volatility could spike sharply. Right now, the best course of action is patience. Until the news is out and we see a confirmed reaction at our key levels, I highly recommend avoiding opening any unnecessary or chaotic positions. Let the market form a clear entry point; do not try to guess the movement inside the range.
Keep a cool head, protect your margin, and act strictly according to the plan. đ€đĄ
For Bitcoin, the structure is forming quite clearly, but locally the asset has approached a crucial boundary.
After testing the upper resistance level around $87,200, it is completely logical to anticipate a local market cool-down. The priority scenario is a corrective pullback into the ~$84,800 â $85,000 support zone to sweep liquidity and retest the previous accumulation, after which we anticipate a strong impulsive move upward to new highs.
đ Key Chart Targets:
Current resistance zone: $87,200 â $87,300
Target zone for correction / reaction: $84,800 â $85,000
Potential for further impulse: $89,000+ after defending the support
Position Recommendations:
We have upcoming news releases, so volatility could spike sharply. Right now, the best course of action is patience. Until the news is out and we see a confirmed reaction at our key levels, I highly recommend avoiding opening any unnecessary or chaotic positions. Let the market form a clear entry point; do not try to guess the movement inside the range.
Keep a cool head, protect your margin, and act strictly according to the plan. đ€đĄ
